B. Riley Weighs in on Century Communities, Inc’s Q1 2018 Earnings (CCS)

Century Communities, Inc (NYSE:CCS) – B. Riley issued their Q1 2018 earnings estimates for shares of Century Communities in a research note issued on Wednesday. B. Riley analyst A. Rygiel anticipates that the construction company will earn $0.63 per share for the quarter. B. Riley currently has a “Buy” rating and a $41.00 target price on the stock. B. Riley also issued estimates for Century Communities’ Q2 2018 earnings at $0.99 EPS, Q3 2018 earnings at $1.01 EPS, FY2018 earnings at $3.95 EPS and FY2019 earnings at $5.00 EPS.

Century Communities (NYSE:CCS) last released its quarterly earnings data on Tuesday, February 13th. The construction company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.61 by $0.40. Century Communities had a net margin of 3.55% and a return on equity of 12.73%. The business had revenue of $518.79 million for the quarter, compared to the consensus estimate of $507.29 million.

A number of other analysts also recently issued reports on CCS. Wedbush reissued an “outperform” rating and set a $42.00 price target on shares of Century Communities in a report on Wednesday. ValuEngine raised shares of Century Communities from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research raised shares of Century Communities from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $35.17.

Shares of Century Communities (NYSE CCS) opened at $31.40 on Thursday. Century Communities has a twelve month low of $21.90 and a twelve month high of $36.00. The stock has a market cap of $807.89, a price-to-earnings ratio of 15.47 and a beta of 1.11. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.19.

Large investors have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in Century Communities during the third quarter worth $120,000. First Mercantile Trust Co. acquired a new position in Century Communities during the fourth quarter worth $145,000. Fox Run Management L.L.C. acquired a new position in Century Communities during the fourth quarter worth $202,000. Teacher Retirement System of Texas acquired a new position in Century Communities during the fourth quarter worth $202,000. Finally, Alliancebernstein L.P. acquired a new position in Century Communities during the second quarter worth $216,000. Institutional investors own 64.31% of the company’s stock.

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About Century Communities

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

Earnings History and Estimates for Century Communities (NYSE:CCS)

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